The log-linear relation between patent citations and patent value

被引:34
作者
Bakker, Jurrien [1 ]
机构
[1] Katholieke Univ Leuven, Dept Managerial Econ Strategy & Innovat, Naamsestr 69, B-3000 Louvain, Belgium
关键词
Patent citations; Patent value; Patent renewal; Tobin's Q; COX REGRESSION; MARKET VALUE; INDICATORS; INVENTIONS; INNOVATION; EFFICIENCY; FREQUENCY; RENEWAL; SIZE;
D O I
10.1007/s11192-016-2208-7
中图分类号
TP39 [计算机的应用];
学科分类号
081203 ; 0835 ;
摘要
This paper reports the results of an analysis of patent citation and patent renewal data, advancing a log-linear relation between patent citations and patent value. A complementary analysis of firms' patent portfolios confirms that modelling the relation between citations and firm value benefits from the adoption of the log-linear form.
引用
收藏
页码:879 / 892
页数:14
相关论文
共 37 条
[1]   DIRECT VALIDATION OF CITATION COUNTS AS INDICATORS OF INDUSTRIALLY IMPORTANT PATENTS [J].
ALBERT, MB ;
AVERY, D ;
NARIN, F ;
MCALLISTER, P .
RESEARCH POLICY, 1991, 20 (03) :251-259
[2]   Quality assurance in the EPO Patent Information Resource [J].
Albrecht, Miguel A. ;
Bosma, Rex ;
van Dinter, Trudy ;
Ernst, Jean-Luc ;
van Ginkel, Koen ;
Versloot-Spoelstra, Fenny .
WORLD PATENT INFORMATION, 2010, 32 (04) :279-286
[3]  
[Anonymous], HARMONIZING HARMONIZ
[4]   Inventions shaping technological trajectories: do existing patent indicators provide a comprehensive picture? [J].
Arts, Sam ;
Appio, Francesco Paolo ;
Van Looy, Bart .
SCIENTOMETRICS, 2013, 97 (02) :397-419
[5]   Patent citation indicators: One size fits all? [J].
Bakker, Jurrien ;
Verhoeven, Dennis ;
Zhang, Lin ;
Van Looy, Bart .
SCIENTOMETRICS, 2016, 106 (01) :187-211
[6]   Emergence of scaling in random networks [J].
Barabási, AL ;
Albert, R .
SCIENCE, 1999, 286 (5439) :509-512
[7]   Cumulative Innovation and Market Value: Evidence from Patent Citations [J].
Belenzon, Sharon .
ECONOMIC JOURNAL, 2012, 122 (559) :265-285
[8]   The value of US patents by owner and patent characteristics [J].
Bessen, James .
RESEARCH POLICY, 2008, 37 (05) :932-945
[9]   COVARIANCE ANALYSIS OF CENSORED SURVIVAL DATA [J].
BRESLOW, N .
BIOMETRICS, 1974, 30 (01) :89-99
[10]  
Carpenter M.P., 1981, World Patent Information, V3, P160, DOI DOI 10.1016/0172-2190(81)90098-3